Report Id: SNS/C&M/1692 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Ceiling Tiles Market Size was valued at USD 9.20 billion in 2022, and is expected to reach USD 15.81 billion by 2030, and grow at a CAGR of 7.0% over the forecast period 2023-2030. Construction and infrastructure development projects are being undertaken in every corner of the globe as a result of the countries' overall economic development. The construction sector and the ceiling tile market are inextricably linked. As a result, the ceiling tile industry has grown. Every company strives to lower their carbon footprint and the effects it has on their operations and raw material processing. It's a light-weight building material that's commonly utilised to cover ceilings. They also increase the acoustic properties of a room and improve the interior design.
The development of environmentally friendly structures
The use of Eco-friendly gypsum.
Demand for low-maintenance building materials is growing.
Increasing existing infrastructure repair and restoration activities.
Expensive raw materials.
High cost of ceiling tiles.
High cost of installation.
Impact of covid-19:
Coronavirus, a global epidemic, is affecting people all over the world. Except for the pharmaceutical industry, it has had a negative impact on all industries' operations. Almost every country has been placed on lockdown, and citizens have been compelled to remain at home. Because the borders are closed, no foreign travel is possible. Businesses are being shuttered as well. Many people have been laid off from their jobs. This has also had a negative impact on the Ceiling Tiles sector. The Global Ceiling Tiles Market Share is expected to expand dramatically following the Covid19 incident. This is due to the fact that construction projects in both developed and developing countries are on the rise.
The need for ceiling tiles has increased as a result of the development of new commercial buildings, healthcare facilities, educational institutions, shopping malls, and other structures.
Odenwald Faserplattenwerk GmbH, Knauf, Hunter Douglas, VANS Gypsum Pvt Ltd, Rockfon, Saint Gobain S.A., Armstrong World Industries Inc., Burgess CEP, Decorative Ceiling Tiles, Inc., SAS International, Grenzebach BSH GmbH, The ReWall Company LLC, USG Corporation, and other players.
By Material Type
By Property Type
The market for ceiling tiles is rapidly expanding. It is making an impact in every corner of the globe. America, Europe, Asia-Pacific, and the rest of the globe are among the Market's operating regions. The American region, which encompasses North America (the United States and Canada) as well as Latin America, has the biggest market share and is predicted to continue to develop rapidly. This is due to an increase in the demand for low-maintenance building materials. The United States is the market's major consumer. Germany, the United Kingdom, France, Russia, and Italy make up the European region, which has the second-largest market share. The growth of the industry is being fueled by increased infrastructure repair, green building construction, and residential development.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 9.20 Billion|
|Market Size by 2030||US$ 15.81 Billion|
|CAGR||CAGR of 7.0% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Material Type (Mineral Fiber, Metal, Gypsum, Others)
• By Property Type (Acoustic, Non-Acoustic)
• By End-User (Non-Residential, Residential, Hospitality, Commercial, Institutional, Industrial) Installation (Surface Mount, Drop/Suspended) Form (Laminated, Fissured, Patterned, Plain, Textured, Coffered))
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Odenwald Faserplattenwerk GmbH, Knauf, Hunter Douglas, VANS Gypsum Pvt Ltd, Rockfon, Saint Gobain S.A., Armstrong World Industries Inc., Burgess CEP, Decorative Ceiling Tiles, Inc., SAS International, Grenzebach BSH GmbH, The ReWall Company LLC, USG Corporation, and other players.|
|DRIVERS||• The development of environmentally friendly structures
• The use of Eco-friendly gypsum.
|Restraints||• Expensive raw materials.
• High cost of ceiling tiles.
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Odenwald Faserplattenwerk GmbH (Germany), Knauf (Germany), Hunter Douglas (The Netherlands), VANS Gypsum Pvt Ltd (India), Rockfon (U.S.), Saint Gobain S.A. (France), Armstrong World Industries, Inc. (U.S.), Burgess CEP (U.K.), Decorative Ceiling Tiles, Inc. (U.S.), SAS International (U.K.), Grenzebach BSH GmbH (Germany), The ReWall Company, LLC (U.S.) and USG Corporation (U.S.)
Ans: Coronavirus, a global epidemic, is affecting people all over the world. Except for the pharmaceutical industry, it has had a negative impact on all industries' operations. Almost every country has been placed on lockdown, and citizens have been compelled to remain at home. Because the borders are closed, no foreign travel is possible. Businesses are being shuttered as well. Many people have been laid off from their jobs. This has also had a negative impact on the Ceiling Tiles sector. The Global Ceiling Tiles Market Share is expected to expand dramatically following the Covid19 incident. This is due to the fact that construction projects in both developed and developing countries are on the rise.
Ans: Demand for low-maintenance building materials is growing and Increasing existing infrastructure repair and restoration activities are the opportunity for Ceiling Tiles Market.
Ans: Ceiling Tiles Market Size was valued at USD 8.6 billion in 2021, and expected to reach USD 13.91 billion by 2028, and grow at a CAGR of 7.0 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Ceiling Tiles Market Segment, By Material Type
8.1 Mineral Fiber
9. Ceiling Tiles Market Segment, By Property Type
10. Ceiling Tiles Market Segment, By End-User
11. Ceiling Tiles Market Segment, By Installation
11.1 Surface Mount
12. Ceiling Tiles Market Segment, By Form
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14. Company Profile
14.1 The ReWall Company, LLC
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Armstrong World Industries, Inc.
14.4 Grenzebach BSH GmbH
14.6 USG Corporation
14.7 Saint Gobain S.A.
14.8 SAS International
14.9 Odenwald Faserplattenwerk GmbH
14.10 Hunter Douglas
14.13 Burgess CEP
14.14 Decorative Ceiling Tiles, Inc.
14.13 VANS Gypsum Pvt Ltd
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
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